https://www.taxtmi.com/caselaws?id=458124 Gujarat HC quashed reassessment proceedings initiated under Section 147 of the Income Tax Act. The Revenue served notice under Section 148 on incorrect address with wrong village name, which was undisputed. Court held that without proper service of Section 148 notice within the prescribed limitation period under Section 149, reassessment proceedings cannot be sustained. The impugned order and initiation of reassessment proceedings were set aside due to non-service of mandatory notice. en-us Mon, 01 Jan 2024 00:00:00 +0530 Tue, 08 Oct 2024 23:26:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458124 Gujarat HC quashed reassessment proceedings initiated under Section 147 of the Income Tax Act. The Revenue served notice under Section 148 on incorrect address with wrong village name, which was undisputed. Court held that without proper service of Section 148 notice within the prescribed limitation period under Section 149, reassessment proceedings cannot be sustained. The impugned order and initiation of reassessment proceedings were set aside due to non-service of mandatory notice. Case-Laws Income Tax Mon, 01 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458124